PLANET LABS PBC (PL) Stock Technical Analysis
USA - NYSE:PL - US72703X1063 - Common Stock
13.23 USD
-1.86 (-12.33%)
12.33 USD
-0.9 (-6.8%)
We assign a technical rating of 10 out of 10 to PL. Both in the recent history as in the last year, PL has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, PL did better than 99% of all other stocks. We also observe that the gains produced by PL over the past year are nicely spread over this period.
PL is part of the Professional Services industry. There are 82 other stocks in this industry. PL outperforms 100% of them.
PL is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so PL is lagging the market slightly.
PL has an average volume of 13293300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month PL has a been trading in the 10.62 - 16.78 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although PL has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
7.23
13.36
2 important support areas can be observed.
- Support @7.68 from a trend line in the daily time frame.
- Support @7.30 from a trend line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for PL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PL is up. |
| ChartMill Relative Strength | 99.02 | POSITIVE | PL has a high relative strength, it outperformed 99.02% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of PL is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.88 | NEUTRAL | The RSI value for PL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.26 | NEGATIVE | The MACD value suggests PL has a negative trend. |
| Stochastics (14,3) | 50.95 | NEUTRAL | The Stochastics value for PL is a neutral value. |
| Average True Range in percent/ATR (20) | 7.73 | HIGH VOLATILITY | The high ATR as a percentage value for PL suggests high volalility. |
| Average Directional Index/ADX (14) | 56.31 | POSITIVE | The high ADX value value for PL suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
13.23
-1.86 (-12.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg-12.33%
1 Week-15.52%
2 Weeks-10.91%
1 Month24.69%
3 Month94.85%
6 Month309.6%
12 Month470.26%
2 Year512.5%
3 Year152%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.16
ATR(20)%7.73%
ATR Inc62.88%
Range Today2.44
ADR(20)0.97
ADR(20)%7.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.02
Mansfield12.03
10 Day High16.78
10 Day Low13.12
20 Day High16.78
20 Day Low10.62
52 Week High16.78
52 Week Low2.19
CS1 End7.68
CR1 StartN/A
Volume & EV
DER(3)-4.47%
DER(5)-2.99%
Volume18.61M
Volume Incr1.66%
Vol(5)14.85M
Vol(50)13.29M